Hong Kong promotes ‘responsible and sustainable’ digital asset regime at Davos

Hong Kong’s finance chief has promoted the city’s regulatory regime for digital assets as “responsible and sustainable” at the annual World Economic Forum in Davos. Delivering opening remarks at a closed-door workshop on Tuesday, Financial Secretary Paul Chan Mo-po said finance and technology were “mutually reinforcing”, but a balanced approach was needed to support their development. Speaking about Hong Kong’s experience, Chan said digital assets could enhance transparency, strengthen risk...